The Logbook: Robinhood users bought oil ETF, cruise, biotech and airline stocks in April

As the daily number of new cases of COVID-19 in the U.S. began showing signs of a plateau in April, Robinhood users were buying up shares of cruise lines, biotech firms, and airline stocks.

Data from Robintrack showed that of the ten most-popular stocks on the platform, by absolute month-over-month ownership growth, three were airlines that felt the brunt of travel suspensions enacted by the U.S. in mid-March.